Refinance Premium Calculator

An R-8 credit is when a mortgagee policy is issued on a loan to fully take up, renew, extend or satisfy an old mortgage that is already insured by a mortgagee policy. The most common use of this credit is in a standard refinance transaction.

Please enter the date of the original policy, the current principal balance of the original loan, and the new loan amount. The credit will be calculated based on these factors.

Although Independence Title works hard to ensure that the title insurance rates, closing costs, recording fees and other information made available on our website site are reasonably accurate and reliable, ALL SUCH INFORMATION IS NOT WARRANTED OR GUARANTEED and may be subject to other terms and conditions. Independence Title does not assume responsibility for the relevance, accuracy, timeliness, correctness, or completeness of the information presented on our website, and any information presented is not intended nor should it be construed as legal or financial advice to any party. The results provided by our calculators are intended for hypothetical, illustrative, and comparative purposes only. The use of this calculator or any of Independence Title’s calculators are not intended to offer any legal or financial advice. ALL RATE CALCULATION INFORMATION AND QUOTES PROVIDED BY OUR SITE ARE WITHOUT REPRESENTATION OR WARRANTY AS TO THEIR RELEVANCE, ACCURACY, CORRECTNESS, OR COMPLETENESS. Please contact an Independence Title escrow officer to confirm cost information regarding your specific service need.